Working capital: Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,130, accounts payables worth $4,160,730, inventory of $7,121,660, accounts receivables of $3,488,490, notes payable worth $1,152,910, and other current assets of $122,341.
Working capital: Winston Electronics reported the following information
at its annual meetings. The company had cash and marketable securities worth $1,236,130, accounts payables worth $4,160,730, inventory of $7,121,660, accounts receivables of $3,488,490, notes payable worth $1,152,910, and other current assets of $122,341. What is the company’s net working capital?
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